ACTIVE

Erat

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Financial year 2025 · closed on 31/12/2025
Net result
-1,9 k €
-104.8% YoY
Revenue
10,3 k €
-11.6% YoY
Equity
169,5 k €
-1.1% YoY

What does Erat do?

Erat is a Non-profit organization incorporated in 2019. Its main activity is: Other social work activities without accommodation n.e.c.. Its registered office is in Leuven.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0725.741.627
Incorporation
06/03/2019
Legal form
Non-profit organization
Registered office
Benedenplein 3
3010 Leuven · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
88992Other social work activities without accommodation n.e.c.· main88994Other social work activities without accommodation n.e.c.94991Activities of other membership organisations n.e.c.94991Activities of other membership organisations n.e.c.86904Other human health activities86931Other human health activities
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue10,3 k €11,6 k €4,1 k €4,6 k €–
EBITDA1,4 k €46,1 k €97,2 k €39 k €4,2 k €
Operating result-1,8 k €39,8 k €90,9 k €37,1 k €4,2 k €
Net result-1,9 k €39,7 k €90,7 k €37 k €4,1 k €
Balance sheet
Equity169,5 k €171,4 k €131,8 k €41,1 k €4,1 k €
Total assets197,3 k €204 k €163,6 k €74,6 k €78 k €
Cash100,6 k €145,4 k €71,5 k €13,6 k €35,6 k €
Debts27,8 k €32,6 k €19,8 k €32,7 k €42 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 5 ended

Active mandates

Bram Mellaerts

Director

Active
Dries De Smet

Chairman of the board of directors

Active
Sophie Janssens

Director

Active
Stefaan Pleysier

Director

Active
Tim Vermeiren

Managing director

Active
Vanessa Verdeyen

Director

Active

Ended mandates

Bram Mellaerts

Voorzitter van het bestuursorgaan

Ended
Bram Mellaerts

Chairman of the board of directors

Ended
Dries De Smet

Director

Ended
Jonas Rusengo Tabala

Director

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date20/03/202624/03/202524/05/202413/06/202317/06/2022
General meeting12/03/202620/02/202521/05/202412/06/202309/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/03/202620/03/2026DutchPDF
Micro model31/12/202420/02/202524/03/2025DutchPDF
Micro model31/12/202321/05/202424/05/2024DutchPDF
Micro model31/12/202212/06/202313/06/2023DutchPDF
Micro modelCorrection31/12/202109/05/202217/06/2022DutchPDF
Micro model31/12/202109/05/202208/06/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 5 ended

Active mandates

Bram Mellaerts

Director

Active
Dries De Smet

Chairman of the board of directors

Active
Sophie Janssens

Director

Active
Stefaan Pleysier

Director

Active
Tim Vermeiren

Managing director

Active
Vanessa Verdeyen

Director

Active

Ended mandates

Bram Mellaerts

Voorzitter van het bestuursorgaan

Ended
Bram Mellaerts

Chairman of the board of directors

Ended
Dries De Smet

Director

Ended
Jonas Rusengo Tabala

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/10/2025
    Ontslag bestuurder en benoeming voorzitter
    PDF
  • Mandates23/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other08/05/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,9 k €↓
  2. 2024
    Annual accounts 202439,7 k €↓
  3. 2023
    Annual accounts 202390,7 k €↑
  4. 2022
    Annual accounts 202237 k €↑
  5. 2021
    Annual accounts 20214,1 k €
  6. 06/03/2019
    IncorporationNon-profit organization